#USJulyCPI&PPIDueThisWeek
🚨 Bitcoin$BTC is ahead of an important test today with PPI data and US Jobless Claims! 🇺🇸 ₿
Markets are awaiting the release of the Producer Price Index (PPI) and Jobless Claims data—figures that may clearly increase volatility around the announcement time.
📊 Market expectations:
🔹 Monthly PPI: 0.2%
🔹 Annual PPI: 4.9% vs 5.5% previously
🔹 Core Monthly PPI: 0.3%
🔹 Jobless Claims: 202K vs 199K previously
👀 How to read the data educationally?
🟢 Lower-than-expected producer inflation + higher-than-expected claims could support expectations for a less tight monetary policy—a scenario that may be positive for high-risk assets.
🔴 Core PPI at 0.4% or higher with jobless claims lower than expected may revive inflation concerns and pressure the market.
🟡 Numbers very close to expectations could make the market’s initial reaction choppy and indecisive.
For me, Core PPI is the most important figure to watch, but more than predicting the direction $BTC before the news, it’s about observing how the price reacts after the data is released.
⚠️ During the data release, we may see fast candles and long wicks in both directions, so the first move is not always the true market direction.
📚 Educational analysis only, not a buy or sell recommendation.
#BTC #PPI #Crypto #markets
🚨 Bitcoin$BTC is ahead of an important test today with PPI data and US Jobless Claims! 🇺🇸 ₿
Markets are awaiting the release of the Producer Price Index (PPI) and Jobless Claims data—figures that may clearly increase volatility around the announcement time.
📊 Market expectations:
🔹 Monthly PPI: 0.2%
🔹 Annual PPI: 4.9% vs 5.5% previously
🔹 Core Monthly PPI: 0.3%
🔹 Jobless Claims: 202K vs 199K previously
👀 How to read the data educationally?
🟢 Lower-than-expected producer inflation + higher-than-expected claims could support expectations for a less tight monetary policy—a scenario that may be positive for high-risk assets.
🔴 Core PPI at 0.4% or higher with jobless claims lower than expected may revive inflation concerns and pressure the market.
🟡 Numbers very close to expectations could make the market’s initial reaction choppy and indecisive.
For me, Core PPI is the most important figure to watch, but more than predicting the direction $BTC before the news, it’s about observing how the price reacts after the data is released.
⚠️ During the data release, we may see fast candles and long wicks in both directions, so the first move is not always the true market direction.
📚 Educational analysis only, not a buy or sell recommendation.
#BTC #PPI #Crypto #markets